Property Details

Overview

High Visibility investment opportunity situated in the heart of New Paltz! Located on a bustling corner just steps away from local shops, public transportation, restaurants and amenities. The building features two retail spaces; both store fronts that are equipped with handicap accessibility and a full bath. One unit is currently occupied on a month-to-month lease. The second space will be vacated by the end of December, ready for new tenants. There are two apartment units that are currently occupied. The top level is a spacious unit offering two bedrooms, a full bath, a kitchen and a comfortable living area. The lower-level unit includes two rooms, a full bath, kitchen and living area. The owner pays the heat and hot water. There are 4 tenant meters and 1 landlord meter with municipal sewer and water. Off street parking allows for 7 parking spots along with street parking. This property seamlessly combines commercial and multi-family opportunities making it a rare find in a great location. Just 10 minutes to the traffic circle and just under 2 hours from NYC! Please see associated docs for income and expense sheet/county records.